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Jasmine Ball
is a corporate partner and member of Debevoise & Plimpton’s Business Restructuring & Workouts Group. Ms. Ball regularly represents debtors, investors, creditors and other parties in distressed mergers & acquisitions, workouts, debt and equity financing and refinancing, complex restructurings and Chapter 11 bankruptcy proceedings. Ms. Ball has been recognized by numerous US and international legal publications and is an author of, and contributes to, numerous publications on bankruptcy and restructuring topics. Ms. Ball is a regular speaker on restructuring topics and has presented at the International Air Transport Association, Airline Economics’ Aviation and Finance Leasing School, the American Bankruptcy Institute, the American Bar Association, the Practising Law Institute, the American College of Investment Counsel, the Association of the Bar of the City of New York and the International Women’s Insolvency & Restructuring Confederation, among others.
For More information or to contact Jasmine, please visit her Firm Profile Page.
Recent Articles by Jasmine Ball
On Wednesday, February 20, the U.S. Supreme Court heard oral arguments in Mission Product Holdings, Inc. v. Tempnology, LLC, where the Court was asked to address one of the most important issues at the intersection of trademark law and bankruptcy law: whether a debtor-licensor’s rejection of a trademark license terminates the rights of the licensee to use that trademark. Taking seriously the language of the question presented, and generally acknowledging that 11 U.S.C. § 365(g) provides that rejection constitutes a “breach” of the contract, the justices focused on the remedies for breach outside of bankruptcy law and whether, because trademarks (and quality control issues) are involved, deviation from ordinary, contract law principles is warranted. Both the advocates and the justices returned to whether analogies, including with respect to breaches of apartment and photocopier leases, are apposite. The question of whether the case was moot also received some attention, though it seems unlikely that the case will be dismissed on that ground.
